Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2017 · $9K total declared value · Most recent: Mar 2026 (misc)
THE WINDOW STORE INC
THE HOME DEPOT
CenterPoint Energy Resource Corp
DETAILED BY DESIGN LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Willard - Hay · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1028
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Residential Mixed-Use 1 — low-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,224 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1506 PENN AVE N MINNEAPOLIS MN 55411 | BANK OF NEW YORK TRS | RESIDENTIAL | $203,000 | 42 ft |
| 1508 PENN AVE N MINNEAPOLIS MN 55411 | SHANNON MARIE IVERSON | RESIDENTIAL | $167,000 | 84 ft |
| 1430 PENN AVE N MINNEAPOLIS MN 55411 | PRG INC | RESIDENTIAL | $149,500 | 108 ft |
| 1510 PENN AVE N MINNEAPOLIS MN 55411 | NATHANIEL AARON FROILAND | RESIDENTIAL | $167,200 | 126 ft |
| 1503 OLIVER AVE N MINNEAPOLIS MN 55411 | AMAR PUICHAN | RESIDENTIAL | $216,800 | 138 ft |
| 1507 OLIVER AVE N MINNEAPOLIS MN 55411 | JACKSON HAMPTON | RESIDENTIAL-TWO UNIT | $295,900 | 144 ft |
| 1426 PENN AVE N MINNEAPOLIS MN 55411 | JAMA MOHAMED & HABIBO DHORE | RESIDENTIAL | $372,000 | 150 ft |
| 1511 OLIVER AVE N MINNEAPOLIS MN 55411 | AGUMEILE O ITEBE | RESIDENTIAL | $250,700 | 161 ft |
| 1518 PENN AVE N MINNEAPOLIS MN 55411 | AFFORDABLE GREEN HOMES LLC | RESIDENTIAL | $182,200 | 168 ft |
| 1431 OLIVER AVE N MINNEAPOLIS MN 55411 | RAMS PROPERTIES INC | RESIDENTIAL | $178,100 | 174 ft |
Most Recent Sale
Current Tax Year